Missouri Code of State Regulations
Title 7 - MISSOURI DEPARTMENT OF TRANSPORTATION
Division 10 - Missouri Highways and Transportation Commission
Chapter 26 - Arbitration and Mediation of Construction Disputes
Section 7 CSR 10-26.010 - Arbitration Method and Selection of Arbitrator in Arbitration Proceeding
Current through Register Vol. 49, No. 18, September 16, 2024
PURPOSE: This proposed amendment changes the title of the rule.
(1) Claims arbitrable under section 226.096, RSMo, that exceed twenty-five thousand dollars ($25,000) but do not exceed seventy-five thousand dollars ($75,000) shall by arbitrated by one (1) arbitrator using "Fast Track Procedures" available under said section 226.096, RSMo.
(2) Claims arbitrable under section 226.096, RSMo, that exceed seventy-five thousand dollars ($75,000) shall be arbitrated by one (1) arbitrator using "Regular Track Procedures" available under said section 226.096, RSMo. The monetary cap on claims eligible for arbitration established and required to be annually adjusted pursuant to section 226.096, RSMo, shall be published by an In Addition notice in the Missouri Register.
(3) The arbitrator shall be selected according to the procedures provided by the American Arbitration Association's Construction Industry Arbitration Rules and Mediation Procedures, except as otherwise provided in this rule.
*Original authority: 226.096, RSMo 2003; 226.130, RSMo 1939, amended 1993, 1995; and 536.016, RSMo 1997, amended 1999.